Crown Resorts to cleave Australian and overseas companies Martin Chua Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships June 15, 2016 0Crown Resorts Ltd announced in a filing with the Australian Securities Exchange Wednesday that they plan to separate most of their non-Australian...
Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m MacauCasinos.com Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships May 9, 2016 0Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s...
Casino race in Cyprus may be down to Larnaca and Limassol Kim M Latest Casino and Gambling NewsCyprusLicenses May 4, 2016 0The competition is heightening among the large property owners in Cyprus as the three contenders for the sole casino license...
Sun to shine on Tigre de Cristal after first winter in Siberia Lars Jones Latest Casino and Gambling NewsEconomy/FinanceRussiaRussia April 30, 2016 0Things are looking up for Lawrence Ho’s Tigre de Cristal casino near Vladivostok, Russia. Mr. Ho’s Summit Ascent Holdings held...
Wynn vs Wynn; Queen of Las Vegas files additional documents in Nevada Court Lars Jones Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceFines, Lawsuits & Litigation April 6, 2016 0Elaine Wynn, who co-founded and helped bring Wynn Resorts (NASDAQ: WYNN) to the top of the gambling world along with ex-husband,...
City of Dreams expanded retail space to open mid-year Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0Melco Crown Entertainment Ltd has been working on the City of Dreams casino resort of Macau for some time now,...
Cyprus casino bidders named; Bloomberry, Hard Rock/Melco, NagaCorp Lars Jones Latest Casino and Gambling NewsCyprusLicenses March 15, 2016 0As expected, officials in Nicosia today announced the final three contenders for a single casino license in Cyprus. The preferred...
Hard Rock plans to expand business in Asia Pacific region Kim M Latest Casino and Gambling NewsChinaJapanVietnam March 6, 2016 0Preparations to expand its business in the Asia-Pacific region are being made by the Hard Rock Group, according to Hong...
Primorye Selena World announces details of three separate casino resorts Lars Jones Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesRussiaRussia March 4, 2016 0As reported in September, the Selena World Resort under development in the Primorye Integrated Entertainment Zone (PIEZ) near Vladivostok, Russia...
Melco Crown competing for Cyprus casino licence? Kim M Latest Casino and Gambling NewsCasino proposalsCasino NewsWorld Casino NewsGaming Industry NewsCyprusEuropean Casino NewsLicenses January 27, 2016 0A slump in profits among Asian gambling operators could benefit the Mediterranean island of Cyprus’ attempts to establish its first...
Chinese gamblers flock to Siberia’s Tigre de Cristal Casino Lars Jones Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesEconomy/FinanceRussiaRussia December 31, 2015 0In spite of several unavoidable delays, Tigre de Cristal Casino opened its doors on October 8, 2015 and is operating...
James Packer’s Crown Resorts working to raise capital for Alon Las Vegas Renee Kingsley Las VegasAustraliaNew HotelsCasino project updatesEconomy/FinanceNevada December 11, 2015 0Australian billionaire James Packer and his Crown Resorts have a strong reputation in Australia and Macau and are now looking...
Russia’s gambling zones offering low casino tax rate, relaxed visa rules to attract investors and gamblers Renee Kingsley Casino openingsCasino expansion projectsAsian Casino NewsMacauRussiaSingaporeSouth Korea December 4, 2015 0Russia banned casinos in 2009 but has authorized five special integrated gambling zones since then, the last being Sochi (pictured) the mostly abandoned...
James Packer bumps ownership in Crown Resorts to 53.1 percent Lars Jones AustraliaCasino NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships November 11, 2015 0After a peak price of $18 per share in January 2014, James Packer scooped up 18 million shares in his...
Macau’s chief gaming regulator expected to step down this November Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau October 29, 2015 2Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau’s anti-corruption crackdown as he...